Компания CS

Another large bank has become a CS company customer. In OTP Bank we have completed the first stage of launching automated banking system B2.

«To select the company for carrying out the work on this project OTP Bank announced a tender among Ukrainian banking software developers. Eventually the bank management made a decision in favour of the CS company product. The victory in this tender confirmed again, that our systems are trusted by the largest banks in Ukraine», - commented Dmitry Radchenko, CS Director.

So far in OTP Bank the features of two B2 subsystems - export-import control and financial monitoring have been implemented. They are designed for drawing up respective compulsory bank reporting.

The introduction of the export-import operations control subsystem enabled the bank to automate operations, related to the control of timely crediting money funds to the accounts of customers, engaged in exporting, as well as the control of receiving the goods or completion of works in case of import operations.

Financial monitoring subsystem is designed for automating financial monitoring, performed by the bank to prevent money laundering.

The plans for the nearest future include further development of the system in this bank and closer integration with the software, currently operating in the bank.

About bank

Public Joint-Stock Company «OTP Bank» is one of the largest banks on the domestic market, recognized leader of the financial sector of Ukraine. The bank provides a full range of financial services for corporate and individual customers, and also small and medium-size businesses. On the Ukrainian market it has been represented since 1998; it has gained a reputation of socially responsible, reliable and stable organization, offering its clients services of European quality. Its 100% owner is the largest Hungarian bank OTP Bank Plc., which last year celebrated its 60th anniversary.

According to the data of the Association of Ukrainian Banks, as of 1 June 2010 OTP Bank was the 8th largest bank in Ukraine by the size of its assets and capital. At present the bank services over 320 thousand customers. Its branch network in Ukraine reaches 200 outlets and 2 representative offices.

More Details about OTP you may find here.